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Tue September 4, 2012
Developer Wants Subdivision In Path Of New Bridge
LOUISVILLE, Ky. -- The owners of an eastern Louisville tract of land that sits in the path of a planned Ohio River bridge say they are moving ahead with plans to develop a subdivision with two marinas.
The state is moving to condemn 11.28 acres of the site to make way for the bridge. The landowners' attorney says they're pressing on because they have a right to develop the property.
Attorney Bill Bardenwerper tells The Courier-Journal that even if the Riverside Village subdivision is never built, getting a plan approved could enhance the land's value.
The state is planning to take the land by condemnation.
Kentucky Bridges Project Manager Gary Valentine says the state has purchased 93 of the 106 properties it intends to buy on the Kentucky side of the river.